Tianjin Pengling GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Pengling GroupLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥194.8M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥3.2B and CN¥970.8M respectively. Tianjin Pengling GroupLtd's EBIT is CN¥87.7M making its interest coverage ratio 141.9. It has cash and short-term investments of CN¥505.5M.
Key information
8.7%
Debt to equity ratio
CN¥194.79m
Debt
| Interest coverage ratio | 141.9x |
| Cash | CN¥505.53m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥970.79m |
| Total assets | CN¥3.20b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Tianjin Pengling Group Co.,Ltd's (SZSE:300375) 25% Share Price Plunge
Apr 25
Tianjin Pengling GroupLtd (SZSE:300375) Has A Pretty Healthy Balance Sheet
Mar 26Earnings Not Telling The Story For Tianjin Pengling Group Co.,Ltd (SZSE:300375) After Shares Rise 36%
Mar 06Tianjin Pengling GroupLtd's (SZSE:300375) Returns On Capital Not Reflecting Well On The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 300375's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥844.2M).
Long Term Liabilities: 300375's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥126.6M).
Debt to Equity History and Analysis
Debt Level: 300375 has more cash than its total debt.
Reducing Debt: 300375's debt to equity ratio has increased from 7.5% to 8.7% over the past 5 years.
Debt Coverage: 300375's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300375's interest payments on its debt are well covered by EBIT (141.9x coverage).